Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Short Interest Down 67.0% in May

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) was the target of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,660 shares, a decrease of 67.0% from the April 30th total of 8,057 shares. Based on an average daily volume of 24,748 shares, the short-interest ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF stock. Jane Street Group LLC purchased a new stake in shares of Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 12,189 shares of the company’s stock, valued at approximately $225,000. Jane Street Group LLC owned 1.21% of Kurv Yield Premium Strategy Tesla (TSLA) ETF at the end of the most recent quarter.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Down 1.5%

Shares of BATS TSLP opened at $20.35 on Friday. Kurv Yield Premium Strategy Tesla has a 12 month low of $15.88 and a 12 month high of $26.52. The company has a market cap of $23.00 million, a price-to-earnings ratio of 120.49 and a beta of 1.18. The business has a fifty day simple moving average of $18.54 and a 200-day simple moving average of $21.16.

About Kurv Yield Premium Strategy Tesla (TSLA) ETF

The Kurv Yield Premium Strategy Tesla (TSLA) ETF (TSLP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLP was launched on Oct 27, 2023 and is issued by Kurv.